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potentially valuable ones include the option to deduct state sales taxes instead of income taxes. so, make sure you have the receipts to get those breaks. you also have another way to lock in tax-free retirement income. under the new law you can convert a traditional 401(k) to a roth 401(k) at any time, assuming your company offers both options. you'll have to pay income taxes on the conversion but your withdrawals in retirement will be 100% tax-free, that's a good move if you're worried about taxes rising. the few taxes increases that did make the cut are on the highest earning households. that's for singles earning $400,000 a year and couples earning $450,000 or more. if you're fortunate enough to be in that group, your best move is to lower your taxable income by maxing out tax deferred options like your 401(k) and iras. of course, those are good moves to make in any year. i'm donna rosato. >> tom: that's "nightly business report" for wednesday, february 6. have a great evening everyone, and you too susie. >> susie: goodnight tom, thanks for watching everyone. we'll see you onl
potentially valuable ones include the option to deduct state sales taxes instead of income taxes. so, make sure you have the receipts to get those breaks. you also have another way to lock in tax-free retirement income. under the new law you can convert a traditional 401(k) to a roth 401(k) at any time, assuming your company offers both options. you'll have to pay income taxes on the conversion but your withdrawals in retirement will be 100% tax-free, that's a good move if you're worried about...
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Feb 8, 2013
02/13
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posted their biggest monthly sales gains in a year in january, despite the expiration of a payroll tax holiday. 20 retailers tracked by thomson reuters reported an average sales gain of 5% in january. that's nearly twice as strong as last year. erika miller looks at whether the sales momentum can continue. >> reporter: if there's one thing helping retailers these days, it's cold weather. low temperatures in much of the nation has boosted sales of coats and warm clothing. so no surprise that department stores selling those items were big winners in january. kohls, nordstrom, and macy's all posted double digit sales increases. >> if you are trying to clear winter goods that didn't sell over the holidays, the cold snap is a big help. we had a bunch of weather events-- cold, wet, snow, ice, so things are selling out even if they've been marked down. that's really cleaning out inventory that needs to get out before the spring. >> reporter: but to be fair, there was also a quirk of the calendar that gave many big retailers a fifty-third week in their fiscal year. that meant an extra week of
posted their biggest monthly sales gains in a year in january, despite the expiration of a payroll tax holiday. 20 retailers tracked by thomson reuters reported an average sales gain of 5% in january. that's nearly twice as strong as last year. erika miller looks at whether the sales momentum can continue. >> reporter: if there's one thing helping retailers these days, it's cold weather. low temperatures in much of the nation has boosted sales of coats and warm clothing. so no surprise...
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break while you are the richest people on earth getting a tax break why would a billionaire need a tax break and they're not even creating any jobs as far as i can tell so in fact they destroyed a bunch of jobs so that's step one get rid of their tax base but step two is we need to find ways to suck the money out of the financial sector there's too much loose money floating around there and the way to do it is through a financial transaction tax called a robin hood tax europe is several countries in europe now moving in this direction . a because they need the resources and b they have no patience for this speaking of your hand crisis financial crisis do you believe the u.s. is exposed to that you handle crisis all one system that's money money moves so fast now it's all one system i mean the banks that we're talking about they're all global you know that and by the way they're larger than they ever were before and what's the consequence of. consequences are we're very likely to face another crash and this is the killer we're going to bail out these institutions and get we're going to
break while you are the richest people on earth getting a tax break why would a billionaire need a tax break and they're not even creating any jobs as far as i can tell so in fact they destroyed a bunch of jobs so that's step one get rid of their tax base but step two is we need to find ways to suck the money out of the financial sector there's too much loose money floating around there and the way to do it is through a financial transaction tax called a robin hood tax europe is several...
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Feb 2, 2013
02/13
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i'm a citizen and pay taxes. i do not understand why i should be a second-class citizen. >> they were among the demonstrators. they cannot understand what anyone would have to fear from same-sex couples being given equal status with heterosexual couples. >> people say they are not homophobic, but they are against homosexuals. >> you hear stuff like that all the time. i do not understand any of this. this bill will not change anything in the minds of heterosexual. damage to c1 >> the dutch were once a proud seafaring nation, and over the centuries, they have become skillful at finding ways of living close to water. they've had to. almost half of the country lies below sea level, but the dutch have managed to keep their feet dry, thanks to a clever system of channels, bridges, and levees across the country. what is considered the oldest city in the netherlands was built on the banks of a river that was and still is good for trade, but it also makes the town very susceptible to rising water levels brought on by clim
i'm a citizen and pay taxes. i do not understand why i should be a second-class citizen. >> they were among the demonstrators. they cannot understand what anyone would have to fear from same-sex couples being given equal status with heterosexual couples. >> people say they are not homophobic, but they are against homosexuals. >> you hear stuff like that all the time. i do not understand any of this. this bill will not change anything in the minds of heterosexual. damage to c1...
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Feb 1, 2013
02/13
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i'm a citizen and pay taxes. i do not understand why i should be a second-class citizen. >> they were among the demonstrators. they cannot understand what anyone would have to fear from same-sex couples being given equal status with heterosexual couples. >> people say they are not homophobic, but they are against homosexuals. >> you hear stuff like that all the time. i do not understand any of this. this bill will not change anything in the minds of heterosexual. damage to c >> the dutch were once a proud seafaring nation, and over the centuries, they have become skillful at finding ways of living close to water. they've had to. almost half of the country lies below sea level, but the dutch have managed to keep their feet dry, thanks to a clever system of channels, bridges, and levees across the country. what is considered the oldest city in the netherlands was built on the banks of a river that was and still is good for trade, but it also makes the town very susceptible to rising water levels brought on by clima
i'm a citizen and pay taxes. i do not understand why i should be a second-class citizen. >> they were among the demonstrators. they cannot understand what anyone would have to fear from same-sex couples being given equal status with heterosexual couples. >> people say they are not homophobic, but they are against homosexuals. >> you hear stuff like that all the time. i do not understand any of this. this bill will not change anything in the minds of heterosexual. damage to c...
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a new federal tax policy. the latest push in congress to make marijuana legal and tax it. president obama proposes a short-term fix to delay automatic spending cuts one day after he blows another budget deadline. and the shocking proof union leaders just want more power, not power to the people. "the willis report" is on the case. all that and more coming up later, but first, the top story tonight, building in washington can change, totally remake current marijuana laws. including legalizing industrial production as well as establishing a federal pot tax. lawmakers on both sides of the aisle worked away on these bills, one of which introduced just today by two democratic congressman. both of them calling for an end to federal pot prohibition. will it work? joining us now, drug policy visor and founder and executive director of the drug policy alliance. starting with you. melissa: it is a lot like the appeal of alcohol probation. if it doesn't work, it is not effective and they say it is costing tens of billions of dollars every year, diverting precious law-enforcement reso
a new federal tax policy. the latest push in congress to make marijuana legal and tax it. president obama proposes a short-term fix to delay automatic spending cuts one day after he blows another budget deadline. and the shocking proof union leaders just want more power, not power to the people. "the willis report" is on the case. all that and more coming up later, but first, the top story tonight, building in washington can change, totally remake current marijuana laws. including...
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today which will allow foreign governments more powers to crackdown on tax evaders according to the new law which is called the administrative assistants act group requests in accordance with the international standard will now be possible but swiss lawmakers have been keen to point out that fishing expeditions in other words large scale demands for information on possible tax dodgers will not be excepted now according to the global organization a parliamentarian against corruption losses due to corrupt practices including tax evasion a quote to combine the confines of quantum is of switzerland south africa banned. a lot of money. for now for today even but more coming up here in r.t. we catch up with the director brian de palma who talks to r.t. is. about smiles invasion and the military that powers america. you know i can kind of sort of understand the mindset of an evil dictator i have trouble understanding what is going on or maybe not going on in the minds of the terrified cogs who believe all the propaganda give up all their rights for the losing of safety to coach jerry seinf
today which will allow foreign governments more powers to crackdown on tax evaders according to the new law which is called the administrative assistants act group requests in accordance with the international standard will now be possible but swiss lawmakers have been keen to point out that fishing expeditions in other words large scale demands for information on possible tax dodgers will not be excepted now according to the global organization a parliamentarian against corruption losses due...
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Feb 1, 2013
02/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little too good to be true sir. i'll believe that when pigs fly. ok, did she seriously just say that? geico. just click away with our free mobile app. ♪ shimmy, shimmy chocolate. ♪ shimmy, shimmy chocolate. ♪ we, we chocolate cross over. ♪ yeah, we chocolate cross over. ♪ [ male announcer ] introducing fiber one 80 calorie chocolate cereal. ♪ chocolate. >>> welcome back. so remember when president obama's union croonies publicly supported obama care package? that was then. now that big labor has actually had a chance to read the
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. excuse me, sir i'm gonna have to ask you to power down your little word game. i think your friends will understand. oh no, it's actually my geico app...see? ...i just uh paid my bill. did you really? from the plane? yeah, i can manage my policy, get roadside assistance, pretty much access geico 24/7. sounds a little...
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Feb 7, 2013
02/13
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the companies as part of the tax reform, it didn't. that said i still think it's a decent entry point to get some of the 4.79% yield. i'd hope it goes to a better yield. keep in mind this is the big daddy of the mlps with $50 billion market capitalization. it will sell down big if another big one offers stock. it has the biggest opportunity of them right now. i believe that's bigger even than kinder morgan and more than energy transfer partners. even as etp yields 7.7%. trust me, i learned the hard way that can't make up for the price depreciation when they're as poorly run as etp was. my charitable trust sadly knows. stick with quality. it's obvious that the insiders are. who am i to say they're wrong? i hope you get a chance to buy it underneath the price of the deal. that will be a bargain. this weekend at the super bowl, everywhere i went people asked me in a low yield environment what represents the best yield right now with value? i pointedly said nothing, fixed income. you have to own master limited partners. i will tell you hav
the companies as part of the tax reform, it didn't. that said i still think it's a decent entry point to get some of the 4.79% yield. i'd hope it goes to a better yield. keep in mind this is the big daddy of the mlps with $50 billion market capitalization. it will sell down big if another big one offers stock. it has the biggest opportunity of them right now. i believe that's bigger even than kinder morgan and more than energy transfer partners. even as etp yields 7.7%. trust me, i learned the...
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Feb 4, 2013
02/13
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that is why we are cutting corporation tax. we are investing in enterprise zone, a million apprenticeships have perhaps started under this government. and let me point out to him what is actually happening in our economy. 1 million private sector jobs. in the last year alone, half a million private sector jobs, the fastest rate of job creation since 1989. that is what's happening. but do we do need to do more to get the banks lend him to get businesses investing? yes, we do. and under this government we will. >> thank you just for once why doesn't he give us straight after two straight question? [shouting] growth was not 5% as he foreca forecast. but -- i'm about to give him some advice. i decided to the part-time chancellor, he should spend more time worrying about our economy and less time worrying about how to divert high speed of railroad away from his consistency. [shouting] we've had a flat-lining -- he should -- he shakes his head, but what does he have to say? your mp -- >> mr. alice, you are a distinguished practicing
that is why we are cutting corporation tax. we are investing in enterprise zone, a million apprenticeships have perhaps started under this government. and let me point out to him what is actually happening in our economy. 1 million private sector jobs. in the last year alone, half a million private sector jobs, the fastest rate of job creation since 1989. that is what's happening. but do we do need to do more to get the banks lend him to get businesses investing? yes, we do. and under this...
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is coming after we raise 600 billion in taxes. what does the president say? well, let's not do the spending cuts, which we are counting on to keep it down to 7 trillion. instead to raise taxes, which we already proven does not solve the problem. you have to have a pretty good sense of humor to like it that seriously. lou: and to look at you have to have a pretty good sense of humor to put this in context of the history of this president and fiscal issues. does not pose for the budget. the senate has not passed one commend the president of the united states said this back in 2011. november 41st. already, he said, some in congress are trying to undo these automatic spending cuts, much like he did today at 115 eastern time. my message to them back in 2011, no, i will be there through any effort to get rid of automatic spending cuts to domestic and defense spending said the break president at that point. your reaction? >> that was president obama circa 2011. candid obama in a debate set sequester is just not going to happen. did not explain how. president obama c
is coming after we raise 600 billion in taxes. what does the president say? well, let's not do the spending cuts, which we are counting on to keep it down to 7 trillion. instead to raise taxes, which we already proven does not solve the problem. you have to have a pretty good sense of humor to like it that seriously. lou: and to look at you have to have a pretty good sense of humor to put this in context of the history of this president and fiscal issues. does not pose for the budget. the...
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Feb 4, 2013
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scotland have been taken out of income tax altogether. there's much more we need to do but i think that represents progress. >> sir peter bottomley. >> on syria, it's now clear that the syrian people would be much better off if china and russia not blocked effective action authorized by the united nations. can my honorable friend say what we're doing to try to help the poor people of syria? >> hear, hear. >> well, first of all, my right old friend, the international development secretary has, like me, visited the syrian border and seen the refugee camps for herself and britain, i believe, with is the second largest donor for health and aid into those camps and is right to say one of the biggest thing to happen is for the chinese and russians consider again their positions and recognize the transition at the top of syria would be good for the whole of that part of the world and i believe good for russia as well. we should continue to work with the opposition groups in syria to put pressure on the regime, not the least through sanctions, bu
scotland have been taken out of income tax altogether. there's much more we need to do but i think that represents progress. >> sir peter bottomley. >> on syria, it's now clear that the syrian people would be much better off if china and russia not blocked effective action authorized by the united nations. can my honorable friend say what we're doing to try to help the poor people of syria? >> hear, hear. >> well, first of all, my right old friend, the international...
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Feb 4, 2013
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taking more taxes is a vicious cycle. taking more from your workers making it harder for them to have children of their rell and so it becomes dangerous i think that we can muddle through. it will be the best that we can do. it's one thing to get old when you are rich and it's quite another when you are poor. the decline is happening all over the world. it's very different because they do not have pension systems that we have set out in the society to take care of the elderly. china already has a slow motion catastrophe where you are going to have literally hundreds of millions of people who are elderly with no state support whatsoever in the pension health care and very little money to support them because as the one child policy they have one of their own and so what are the chinese we do? and it's a terrifying question. >> host: if you are convinced this is a ruling disaster of some kind, what works or what doesn't, what can the government do to encourage women or families to have more children? >> guest: that's how we
taking more taxes is a vicious cycle. taking more from your workers making it harder for them to have children of their rell and so it becomes dangerous i think that we can muddle through. it will be the best that we can do. it's one thing to get old when you are rich and it's quite another when you are poor. the decline is happening all over the world. it's very different because they do not have pension systems that we have set out in the society to take care of the elderly. china already has...
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today which will allow foreign governments more powers to crack down on tax evaders according to the new tax administrative assessment act group requests in accordance with the international standard will be possible now but swiss lawmakers have been keen to point out that fishing expeditions large scale demands for information on possible tax dodgers well not be excepted according to the global organization of parliamentarians against corruption due to corrupt practices ranging from bribery to their tax evasion would be equivalent to the calm find economies of whites learned south africa and. all business now be back in a less than two hours time next they all take catches up with director brian de palma from money he talks to ati eight talks about every product about spies invasion and the military that power was america. sigrid laboratory to mccurry was able to build a new needs most sophisticated robot which all unfortunately doesn't give a darn about anything turns mission to teach creation why it should care about humans and worry that this is why you should care only on the do
today which will allow foreign governments more powers to crack down on tax evaders according to the new tax administrative assessment act group requests in accordance with the international standard will be possible now but swiss lawmakers have been keen to point out that fishing expeditions large scale demands for information on possible tax dodgers well not be excepted according to the global organization of parliamentarians against corruption due to corrupt practices ranging from bribery to...
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Feb 5, 2013
02/13
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then tax it. today, democrat lawmakers rolling out new legislation to regulate and tax marijuana in states where it is legal. congressman early bloomen is behind that push. welcome to the program. >> thank you. >> is a understand the proposal it would basically add a federal tax of roughly $50 per ounce and you believe that would bring in a total of $20 billion extra revenue per year. that sounds like -- must be an awfully big pot market in america. is it that big? >> well, estimates vary but the fact is that it is billions of dollars we spend to arrest two-thirds of a million people a year for something that half americans think should be legal, and two-thirds say let the states regulate it. stop the cost, it i can woo like lick tax alcohol, but money to reduce the deficit and we'd start having a more rational policy regarding marijuana. >> that would not bring the money in -- >> we don't know there are some estimates that suggest that the voters in colorado and the state of washington, by moving
then tax it. today, democrat lawmakers rolling out new legislation to regulate and tax marijuana in states where it is legal. congressman early bloomen is behind that push. welcome to the program. >> thank you. >> is a understand the proposal it would basically add a federal tax of roughly $50 per ounce and you believe that would bring in a total of $20 billion extra revenue per year. that sounds like -- must be an awfully big pot market in america. is it that big? >> well,...
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Feb 3, 2013
02/13
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this is the biggest tax in the world but it's a small tax and one of the measures with a car seat is pro-child and objectively anti-family. >> host: what about some of the other social forces leaning in this direction? for example working women, women going to college and all those things pushing us toward a world of having a child could be more difficult for some. >> guest: it could probably be run up against biology. anything that pushes your average age of first births backwards ultimately is going to push you to have fewer children. the average age of first birth is about 28 years old, 29 years old. it used to be about 22 and part of this as we is we made college virtually required for middle-class both men and women and as you push back the age of first family formations of people can really think about getting married right out of college to 22 and april used to be married and settled and ready to begin family life. again you start pushing that horizon where you might be having children further back and this causes if you want to have a bunch of kids close together which only c
this is the biggest tax in the world but it's a small tax and one of the measures with a car seat is pro-child and objectively anti-family. >> host: what about some of the other social forces leaning in this direction? for example working women, women going to college and all those things pushing us toward a world of having a child could be more difficult for some. >> guest: it could probably be run up against biology. anything that pushes your average age of first births backwards...
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either in tax increases or spending cuts in order to have the fiscal gap is zero we're doing far too little too late it's. like operating on a person with cancer and you say well there's a big tumor here we're just going to take a little bit out today and we'll come back and in five years and we'll take some more but maybe in five years the patient is dead because of the tumor got bigger so this is why we are in worse shape than greece and greece it's about ten percent of g.d.p. . they need on an ongoing basis we need twelve percent it only it's about five percent germany it's about five percent so when you look at it from this perspective. it's a whole different story then when you look just at the official debt because these governments are making choices word choices about what to call official obligations or what to call unofficial so are they intentionally hiding they are intentionally tried on this they've been spending in our country six decades running a massive ponzi scheme taking from young people giving to old people and then telling the young people don't worry you'll get
either in tax increases or spending cuts in order to have the fiscal gap is zero we're doing far too little too late it's. like operating on a person with cancer and you say well there's a big tumor here we're just going to take a little bit out today and we'll come back and in five years and we'll take some more but maybe in five years the patient is dead because of the tumor got bigger so this is why we are in worse shape than greece and greece it's about ten percent of g.d.p. . they need on...
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Feb 9, 2013
02/13
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gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes gibraltar's neighbors angry. >> we cannot be the loser of an anti-gibraltar policy made in madrid. it is not a problem for us. it is an opportunity. >> people traveling from gibraltar to spain are kept waiting for hours by spanish border and customs controls. officially, authorities are trying to put a stop to smuggling, but it is the spanish commuters who suffer. >> every day, we have to wait for hours. it is a disgrace, and they need to come up with a solution soon. >> manuel marquez and his son are stuck at the border. >> with some goodwill, they should be able to solve this. then we would not have to wa
gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes...
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Feb 8, 2013
02/13
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gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes gibraltar's neighbors angry. >> we cannot be the loser of an anti-gibraltar policy made in madrid. it is not a problem for us. it is an opportunity. >> people traveling from gibraltar to spain are kept waiting for hours by spanish border and customs controls. officially, authorities are trying to put a stop to smuggling, but it is the spanish commuters who suffer. >> every day, we have to wait for hours. it is a disgrace, and they need to come up with a solution soon. >> manuel marquez and his son are stuck at the border. >> with some goodwill, they should be able to solve this. then we would not have to wa
gibraltar's wealthy economic boon is only possible because it is a tax haven, a paradise for gamblers. for the people of gibraltar, it is pure slander. >> any independent review, such as by the international monetary fund, has shown that gibraltar is by most measures an extremely well regulated and well governed jurisdiction. >> gibraltar abolished certain tax benefits under pressure from the european union, before the spanish government, that is not enough, an attitude which makes...
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potentially valuable ones include the option to deduct state sales taxes instead of income taxes. so, make sure you have the receipts to get those breaks. you also have another way to lock in tax-free retirement income. under the new law you can convert a traditional 401(k) to a roth 401(k) at any time, assuming your company offers both options. you'll have to pay income taxes on the conversion but your withdrawals in retirement will be 100% tax-free, that's a good move if you're worried about taxes rising. the few taxes increases that did make the cut are on the highest earning households. that's for singles earning $400,000 a year and couples earning $450,000 or more. if you're fortunate enough to be in that group, your best move is to lower your taxable income by maxing out tax deferred options like your 401(k) and iras. of course, those are good moves to make in any year. i'm donna rosato. >> tom: that's "nightly business report" for wednesday, february 6. have a great evening everyone, and you too susie. >> susie: goodnight tom, thanks for watching everyone. we'll see you onl
potentially valuable ones include the option to deduct state sales taxes instead of income taxes. so, make sure you have the receipts to get those breaks. you also have another way to lock in tax-free retirement income. under the new law you can convert a traditional 401(k) to a roth 401(k) at any time, assuming your company offers both options. you'll have to pay income taxes on the conversion but your withdrawals in retirement will be 100% tax-free, that's a good move if you're worried about...
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Feb 5, 2013
02/13
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CNBC
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. >> so if there's no bank tax, are there fees that, you know, are being mistaken as a tax? i mean, is this going to cost the banks more money? >> we're going to move to a mark-to-market valuation at the end of the year. some financial products do not have that valuation now. we're going to bring them in to a more standardized tax policy, and so as a result that does raise some revenue, but overall tax reform is going to be revenue neutral. >> so tell me how you see this playing out in terms of the sequester going forward. do you think that -- i mean, is it a better idea to just have these automatic spending cuts where when you look at defense we don't know what missions are being compromises. we don't know, you know, where the cuts are going to hit in terms of our defense as a country. i mean, is that really the way to do it? >> no, i don't like the automatic approach, but months ago we have proposed a way to reorder those so we don't have automatic spending cuts, that in the first year we have a more balanced approach in terms of defense versus other spending. the presiden
. >> so if there's no bank tax, are there fees that, you know, are being mistaken as a tax? i mean, is this going to cost the banks more money? >> we're going to move to a mark-to-market valuation at the end of the year. some financial products do not have that valuation now. we're going to bring them in to a more standardized tax policy, and so as a result that does raise some revenue, but overall tax reform is going to be revenue neutral. >> so tell me how you see this...
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Feb 6, 2013
02/13
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tax. with us today is erin shucosky. she has been a clinical nurse for 30 years in baltimore. she spent the last ten years coordinating the research on a study to approve a new replacement discs to treat patients suffering from crippling neck and back pain. over time, erin discovered that she suffers from the very condition that her work aimed to treat. on her days off, aaron would -- erin would spend time at her daughter's game, barely able to move, and then would have to good home and spend most of her time there with an ice pack on her neck. she went in for surgery and got the new disc replacements. erin is with is in a cervical color today -- cervical collar today but shes on the mend. the new medical device tax in obama care makes it harders for researchers to develop those devices in the united states and makes its hard for patients like erin to get the care they need. obamacare is unnecessarily raised the cost of health care. even those with preexisting conditions could get the cove
tax. with us today is erin shucosky. she has been a clinical nurse for 30 years in baltimore. she spent the last ten years coordinating the research on a study to approve a new replacement discs to treat patients suffering from crippling neck and back pain. over time, erin discovered that she suffers from the very condition that her work aimed to treat. on her days off, aaron would -- erin would spend time at her daughter's game, barely able to move, and then would have to good home and spend...
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Feb 6, 2013
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tax. aaron czajkowski has been one that's been so many years in baltimore. she treats patients suffering from crippling neck and back pain. over time, she discovered that she suffered from the very condition that she treats. she went in for surgery and god were she got her hip replaced. thankfully she's on the mend. obamacare makes it hard for those research innovation in the united states and patients like this woman to get the care that they need. obamacare unnecessarily raises the cost of health care. even those who have pre-existing conditions could get the coverage they need without a trillion dollar government program costing all of us more. that is only the tip of the iceberg when we talk about health care reform. many families like mine are dealing with the challenges presented by aging and very sick parents. they rely on medicare for relief. the government and medicare have not kept pace. medicaid is not doing any better. collectively, states are spending more on medicaid than the
tax. aaron czajkowski has been one that's been so many years in baltimore. she treats patients suffering from crippling neck and back pain. over time, she discovered that she suffered from the very condition that she treats. she went in for surgery and god were she got her hip replaced. thankfully she's on the mend. obamacare makes it hard for those research innovation in the united states and patients like this woman to get the care that they need. obamacare unnecessarily raises the cost of...
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Feb 7, 2013
02/13
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unfortunately the president's version of tax reform is raising taxes and raising tax rates. we saw it in the beginning of the year. the senate followed suit. we're going to have to fight hard and convince the american people that it's our kind of tax reform that will produce a growing economy and yield more opportunity for more working families so their life can work again. >> eric cantor, republican from virginia. as always, sir, we appreciate you. >> thank you, larry. >> let's bring back our panel. keith, guy and david. keith, did you hear him say he was for the sequester? >> i think i heard that. >> i'm not sure. >> i think i heard it. i'm not sure what's going to happen. i heard earlier that -- he indicated there would be a sequester and no tax increase. >> that was my reading. boehner said the same thing today. did you hear him say, yes, there will be a sequester? >> no. i think he hinted at it. we have heard other republican leaders say that. i would have preferred to hear majority leader cantor say if the president cannot come together with us with other cuts we are a
unfortunately the president's version of tax reform is raising taxes and raising tax rates. we saw it in the beginning of the year. the senate followed suit. we're going to have to fight hard and convince the american people that it's our kind of tax reform that will produce a growing economy and yield more opportunity for more working families so their life can work again. >> eric cantor, republican from virginia. as always, sir, we appreciate you. >> thank you, larry. >>...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, as
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd...
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Feb 4, 2013
02/13
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we needed to know how many goods would be left over for civilian consumption and what taxes the government would have to levy. look at our circular flow again. production normally flows from businesses to households who pay for these goods with incomes generated by that production. now the government steps in, spending half our gnp for war production. suddenly there's a problem. consumers still have big incomes, but few goods come to them. knowing what these numbers are, one can estimate how much purchasing power the government has to drain away from the civilian economy so that we wouldn't face a terribly inflationary situation. gnp figures were useful during the war, as they have been ever since. that doesn't mean they give a complete picture of the progress of our economy. the former head of nasa said, "on the way to the moon, we discovered earth." that discovery drew national attention. in april of 1970, people protested against pollution from automobiles and factories, chemical poisoning from pesticides, the trash of a throwaway society, and ultimately, the idea that bigger is better.
we needed to know how many goods would be left over for civilian consumption and what taxes the government would have to levy. look at our circular flow again. production normally flows from businesses to households who pay for these goods with incomes generated by that production. now the government steps in, spending half our gnp for war production. suddenly there's a problem. consumers still have big incomes, but few goods come to them. knowing what these numbers are, one can estimate how...
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Feb 4, 2013
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ bob will retire when he's 153, which would be fine if bob were a vampire. but he's not. ♪ he's an architect with two kids and a mortgage. luckily, he found someone who gave him a fresh perspective on his portfolio. and with some planning and effort, hop
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college...
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break while you are the richest people on earth getting a tax break why would a billionaire need a tax break and they're not even creating any job as far as i can tell so in fact they destroyed a bunch of jobs so that's step one get rid of their tax base but step two is we need to find ways to suck the money out of the financial sector there's too much loose money floating around there and the way to do it is through a financial transaction tax called a robin hood tax europe is several countries in europe now moving in this direction . a because they need the resources and b they have no patience for this speaking of your hand crisis financial crisis do you believe the u.s. is exposed to that you potential crisis all one system that's money money moves so fast now it's all one system i mean the banks that we're talking about they're all global you know that and by the way they're larger than they ever were before and what's the consequence of. consequences are we're very likely to face another crash and this is the killer we're going to bail out these institutions and get we're going t
break while you are the richest people on earth getting a tax break why would a billionaire need a tax break and they're not even creating any job as far as i can tell so in fact they destroyed a bunch of jobs so that's step one get rid of their tax base but step two is we need to find ways to suck the money out of the financial sector there's too much loose money floating around there and the way to do it is through a financial transaction tax called a robin hood tax europe is several...
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Feb 8, 2013
02/13
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we need own resources like the financial transaction tax. this is one that france has done a lot to see happen, and this could be a cornerstone of our own resource. we need modern tools to deal with the growth issue. we can't create solidarity between the peoples of europe if we don't talk about european assistance for the underprivileged and vulnerable. a lot of people don't understand what we're trying to do, and that means we lose credibility. the commission's voice has to be heard, and the way that we help the underprivileged and the vulnerable will not just be, however, our wanting to impose solidarity. we'll also have to use the other policy tools of the european social fund. we need to invest to create jobs in europe and reallocate some social funds to young people. growth and jobs are the guarantee for young people in europe. to conclude, we need to work together to underscore the legitimacy of the european and national parliaments. the fact that we are co-deciding on growth issues, we need to cooperate with the national parliament a
we need own resources like the financial transaction tax. this is one that france has done a lot to see happen, and this could be a cornerstone of our own resource. we need modern tools to deal with the growth issue. we can't create solidarity between the peoples of europe if we don't talk about european assistance for the underprivileged and vulnerable. a lot of people don't understand what we're trying to do, and that means we lose credibility. the commission's voice has to be heard, and the...
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you cut benefits dramatically if you keep the taxes the same, something the u.s. has to figure out. he said sooner rather than later. talk about the budget cuts, liz, about to hit on march first, the sequester, you include that and the tax increases that it counts for a loss in gdp growth of one and a quarter percentage points, half because of the higher taxes, half because of the lower spending, and that translates to 1.5 to 2 # million fewer jobs. while decreases in spending, decreases in deficits in the beginning in the front end slow economic growth off the front, in the next ten years or so towards the back end of that, you see increased economic growth because you reduce the budget deficits. short term pain for long term gain. liz: rich, thank you very much. closing bell rings in 40 minutes. it's architecture frank gary would admire. microprocessor architecture in the sweet spot with revenue jumping 20% last quarter as well as the stock hitting a record high. should you invest in the very, very interesting company? coming up in a fox business exclusive, simon on what's in the
you cut benefits dramatically if you keep the taxes the same, something the u.s. has to figure out. he said sooner rather than later. talk about the budget cuts, liz, about to hit on march first, the sequester, you include that and the tax increases that it counts for a loss in gdp growth of one and a quarter percentage points, half because of the higher taxes, half because of the lower spending, and that translates to 1.5 to 2 # million fewer jobs. while decreases in spending, decreases in...
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Feb 6, 2013
02/13
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two model income tax -- model tax and income tax and consumption tax. the author of that study was the deputy assistant secretary was basically pushing the consumption tax idea, and this book blueprints for basic tax reform was a very influential book, and a proposal. by the way to make casey think all the economists favor that to make a big influence on that was a harvard professor wedding -- also an advocate of the consumption tax. this resurfaced later in a proposal by senators nunn and beachy in the 1990's the usa tax , a second idea that was very popular with the so-called flat tax that was a book by professors hall at stanford originally published in 1982, a was not an original idea with them. it came from milton friedman book capitalism and freedom where he has a chapter of the ideal income-tax. the ideal income tax he describes is actually the flat tax which is actually consumption tax. the city was picked up by house majority leader dick armey and by presidential candidate steve forbes in the 1990's, again, like all these other plans to make di
two model income tax -- model tax and income tax and consumption tax. the author of that study was the deputy assistant secretary was basically pushing the consumption tax idea, and this book blueprints for basic tax reform was a very influential book, and a proposal. by the way to make casey think all the economists favor that to make a big influence on that was a harvard professor wedding -- also an advocate of the consumption tax. this resurfaced later in a proposal by senators nunn and...
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low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lori: it is time to make a little money with charles payne. they be a lot of money. we are taking a look at humana. high food cost may be partially to blame. charles: their numbers speak their own guidance, which i think all of the way, they have gone into their own. i do like them. employers coming to it. it is cheap. love the chart. it is breaking a key resistance. obviously, well above that. technically, i think it has a lot of room to the upside. fundamentally, i think it is fairly valued. lori: you are looking to make money off of the pain and suffering that people undergo. melissa: if you have had the flu and suffered through it, you might as well make some money from it. cha
low cost and tax efficient. find out why nine out of ten large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. ♪ lori: it is time to make a little money with charles payne. they be a lot of money. we are taking a look at humana. high food cost may be partially to blame....
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and we move on tax dodges across europe no longer have any. swiss law takes force today which will allow foreign governments more powers to crack down on tax evaders according to the new tax administrative assessment act group requests in accordance with the international standard will be possible now but swiss law makers have been keen to point out that fishing expeditions large scale demands for information on possible tax dodgers well not be accepted according to the global organization of parliamentarians against corruption due to corrupt practices ranging from bribery to theft and tax evasion would be equivalent to the home find economies of whites learned south africa and. asked all the business bobbie about ls in two hours time next they all say catches up with director brian de palma from he talks to ati eight talks about about spies invasion and the military about power was america. good laboratory to mccurdy was able to build on these most sophisticated robots which will unfortunately doesn't give a darn about anything tim's mission
and we move on tax dodges across europe no longer have any. swiss law takes force today which will allow foreign governments more powers to crack down on tax evaders according to the new tax administrative assessment act group requests in accordance with the international standard will be possible now but swiss law makers have been keen to point out that fishing expeditions large scale demands for information on possible tax dodgers well not be accepted according to the global organization of...
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Feb 4, 2013
02/13
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tax rate didn't go off that much. dividends tax change was a gift, if anything. the negative news that was there, actually is being taken as positive. investors want back in. an lot of alternatives here. of where to put your money and they see this big rally coming in. there is a lot of info. they have very good cash flow earnings, dividend, balance sheets. however, we have had a nice run here and some consolidation should be expected. not all straight up pch can't be. >> agreed, mark, to howard's point, if the market went up everyday, that would scare me more than anything. you have to have healthy pull backs. we seem to have, now that election is behind us, a little bit more back to normal, if you will. >> brian, i would contract tdic this point. as i've said to other people i think that as howard has eluded to, i think there is a fed committed to buying 85 million a month in treasuries, trying to suppress rates. that makes the treasury at two looking atrikt. now they are into the equity market. and have you the central bank of japan doing the same thing. you h
tax rate didn't go off that much. dividends tax change was a gift, if anything. the negative news that was there, actually is being taken as positive. investors want back in. an lot of alternatives here. of where to put your money and they see this big rally coming in. there is a lot of info. they have very good cash flow earnings, dividend, balance sheets. however, we have had a nice run here and some consolidation should be expected. not all straight up pch can't be. >> agreed, mark, to...
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Feb 8, 2013
02/13
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then there's ncl corporation, cruise ship tax are red hot. tuesday brings us to the avon lady in the morning. direct selling has been under a lot of attack, as we know from he he herbalife. is andrew young still playing a role? hope not. mcgraw-hill also reports tuesday. well, well, well, talk about an earnings side show, let's listen to see how the analysts try to pry some news about the justice department's investigation of s&p's ratings of mortgage-backed bonds, as if anyone actually cares about the earnings. we get results from michael coors, too. we're thinking of developing a great gatsby index. we heard from ralph lauren that things are smoking in this category, not just good but great. can kors deliver? i bet this high end company will be right up there. i took my daughter there earlier this year. after the close we heard from buffalo wild wings. did the super bowl's extra time thanks to the power outage make this the best super bowl ever for buffalo wild wings? we heard from dominos. we need to know. they got a whole commercial about
then there's ncl corporation, cruise ship tax are red hot. tuesday brings us to the avon lady in the morning. direct selling has been under a lot of attack, as we know from he he herbalife. is andrew young still playing a role? hope not. mcgraw-hill also reports tuesday. well, well, well, talk about an earnings side show, let's listen to see how the analysts try to pry some news about the justice department's investigation of s&p's ratings of mortgage-backed bonds, as if anyone actually...
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these revelations well morale is already rock bottom amongst police officers than you because of this tax on their pay and conditions their pensions and then they find out as you say the politicians who could like the rest of us make coffee themselves and let's not let's remember that the coffee they have will be heavily subsidized by us the tax payers a lot of people's wages being either frozen or slashed just like the police officer says we hit the streets of london a little bit earlier to find out whether people in london think that someone be so coffee to politicians should be making more money than a front line police officer let's take a look at my coffee twenty grand of commons where do i saw it. going so i'll just get lost in washington research coffee game here. you know probably no so searching tonight against the night is basically a kick in the growing because they're just being ridiculous and they have a tight european they should be ashamed of themselves for doing so that shows just how out of touch the politicians are with the problems of ordinary brits and of course a lot
these revelations well morale is already rock bottom amongst police officers than you because of this tax on their pay and conditions their pensions and then they find out as you say the politicians who could like the rest of us make coffee themselves and let's not let's remember that the coffee they have will be heavily subsidized by us the tax payers a lot of people's wages being either frozen or slashed just like the police officer says we hit the streets of london a little bit earlier to...